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First National Bank & Trust Co.
Iron Mountain, MI · FDIC Certificate #5062 · Chartered 01/0
Total assets
$386.38M
Total deposits
$337.61M
Total equity
$36.96M
Net loans
$216.68M
Branches (offices)
7
Net income (YTD)
$1.71M
Rank: #2,112 of 4,213 U.S. banks by assets · #44 of 72 in Michigan. Assets changed -2.7% and deposits -1.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.85% |
| Return on equity | 9.48% |
| Net interest margin (YTD) | 3.91% |
| Equity to assets | 9.56% |
| Tier 1 leverage ratio | 9.48% |
| Uninsured deposits (share of deposits) | 8.1% |
| Noncurrent loans (share of loans) | 3.22% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 64.2% |
| Real estate loans (share of loans) | 79.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $172.60M | 79.7% | |
| Commercial & industrial | $30.11M | 13.9% | |
| Consumer / individual | $12.10M | 5.6% | |
| Construction & development | $12.16M | 5.6% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $400.01M | $376.11M | $949.00K | $22.38M |
| Jun 2023 | $401.66M | $328.70M | $375.00K | $20.43M |
| Jun 2024 | $400.59M | $342.64M | $1.14M | $25.59M |
| Jun 2025 | $397.31M | $342.50M | $1.20M | $32.11M |
| Jun 2026 | $386.38M | $337.61M | $1.71M | $36.96M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $337.61M | 7 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $337.61M.
Similar-sized banks
The Home Loan Savings Bank ($386.72M) · First National Bank Of Clarksdale ($386.10M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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